Seoul: Industry Minister Ahn Duk-geun announced Thursday that the South Korean government will work to enhance its mutually beneficial relationship with the United States and integrate South Korean interests into the new U.S. administration's trade policies. The announcement follows former President Donald Trump's victory in the U.S. presidential election on Wednesday, which is expected to bring significant changes to South Korea's trade dynamics with its second-largest trade partner.According to Yonhap News Agency, Ahn emphasized the importance of addressing uncertainties while strengthening cooperative ties between South Korea and the United States. He stated that the government plans to leverage its experience in managing various trade issues by reviewing response strategies for different scenarios. This approach was discussed during a meeting with industry organization officials, aimed at assessing the incoming Trump administration's trade policy direction and its potential impacts on South Korean expor ts and industries.Ahn highlighted the government's commitment to reflecting South Korean companies' interests in the upcoming U.S. trade policies. He mentioned plans to coordinate with key officials from the new U.S. administration and the industry to ensure timely alignment of interests. Business officials at the meeting urged the government to maintain a stable relationship with Washington, emphasizing South Korean businesses' significant contributions to the U.S. economy through job creation and investment.The ministry further stated that it will continue to analyze the impact of the anticipated U.S. trade policies and establish systems to effectively address any arising uncertainties.
- October 12, 2026
